I've been getting a lot of questions on this, so lets look at the exact requirements. Here's what students need. Two quick reminders - there's no backdating of exemptions for courses taken before the Fall 2012 term, and you need the minimum mark in each course under each exam (an average won't do it).
In order to get an Accreditation exemption for FM/2, a student has to achieve the following grades
That's two U of R courses, both with a mark of 80% or more.